MENU

Published on 13/07/2020 5:43:01 PM | Source: Choice Broking Pvt Ltd

Buy Silver @ 52250 SL 50900 TGT 54800 - Choice Broking

Posted in Commodities Reports| #Commodity Tips #Choice Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Silver

*  On the Daily Chart, Silver (Sep) has breached above its “Upper Bollinger Band”, which confirms bullish momentum.

*  Moreover, price has closed above its “Horizontal Line Formation” which indicates power in the hands of the bulls.

*  Furthermore, prices have been trading above its “Parabolic SAR” which indicates an upward movement.

*  Also, momentum indicator RSI (14) has sustained above its 50 level, which confirms strength. Additionally, Super Trend (7,1) indicator is in a buy signal which signals bullish presence.

* Based on the above technical structure, we expect a bullish movementin Silver (Sep) towards the level 54800 in the near term.

 

Buy Silver (sep) @ 52250 SL 50900 TGT 54800

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://choicebroking.in/disclaimer

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer